BRACE Act of 2019
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Building Rail Access for Customers and the Economy Act of 2019 or the BRACE Act of 2019
This bill permanently extends the tax credit for railroad track maintenance. The extension applies to expenditures paid or incurred during tax years beginning after 2017. Assignments of miles of railroad track, including related expenditures, for tax years beginning on or after January 1, 2018, and before January 1, 2019, must be treated as effective as of the close of such taxable year if they are made pursuant to a written agreement entered into within 90 days of the enactment of this bill.
Read twice and referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 203: BRACE Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-203/
"S. 203: BRACE Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-203/.
S. 203, 116th Cong. (2026), https://openamerica.io/bill/116-S-203/.
[S. 203: BRACE Act of 2019](https://openamerica.io/bill/116-S-203/)